Euro Area ECB Interest Rate Decision News Event – a $450 opportunity on GBPUSD

Past performance is not an indicator of future results.
We expect a $450 movement on GBPUSD within 4 hours following the release of ECB Interest Rate Decision at 10 Apr 12:45. We expect GBPUSD to trend downwards 4 hours following the event release at 10 Apr 12:45 if the released value is = 0%. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

07 Mar 12:45
13 Dec 12:45
25 Oct 12:45
26 Jul 12:45
14 Jun 12:45
26 Apr 12:45
08 Mar 12:45
14 Dec 12:45
26 Oct 12:45

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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